<p>Starting October 4, 2025, cheques deposited between 10 AM and 4 PM will be processed the same day. From January 3, 2026, cheques will be processed within 3 hours.</p><img><p>No more waiting for 2-3 days for cheque clearance! RBI announced a major change. From October 4, 2025, deposited cheques will clear the same day.</p><img><p>RBI calls this ‘Continuous Clearing and Settlement on Realization’. Cheques will be scanned and sent to the Clearing House for direct processing. The issuing bank must verify immediately.</p><img><p>This will roll out in two phases. Phase 1: From October 4, 2025, cheques deposited between 10 AM and 4 PM will be processed same-day. Phase 2: From January 3, 2026, processing within 3 hours, funds available within 1 hour.</p><img><p>This is a huge relief! No more waiting days for cheque clearance. Especially helpful for businesses and small traders needing daily cash flow.</p><img><p>Benefits banks too! Direct clearance reduces settlement risk, making the banking system faster and smoother.</p>
